Tax relief for individual donors

The Doctor Tanya Mavrodinova Foundation issues a document to all donors confirming the donation. This certificate entitles to a tax relief when filing the annual tax return.

The amount of tax relief depends on the status of the person benefiting from the donation:

Five percent - 5%

Physical Person can reduce their tax base by up to 5% by donating to health care facilities or medical facilities; to specialized agencies for the provision of social services and the Agency for Social Assistance and the Social Assistance Fund, to the Ministry of Labor and Social Policy. The discharge also applies to donations in favor of specialized facilities for children under the Child Protection Act as well as homes for the education of children without parental care, kindergartens, schools, colleges or academies.

You can reduce your tax through donations to budget companies, registered church organizations, specialized companies or cooperatives for people with disabilities, as well as to the Agency for Persons with Disabilities; to the Bulgarian Red Cross, Cultural institutions, libraries, as well as for cultural, educational or scientific exchange in the context of an international agreement in Bulgaria; to non-profit legal entities registered in the Central Register of non-profit legal entities for the purpose of charitable activities. The tax relief is also available for donations to therapeutic communities for drug addicts and for the United Nations Children's Fund (UNICEF).

As a charitable organization, Doctor Tanya Mavrodinova Foundation receives tax-efficient donations from Bulgarian citizens and businesses.

Unlike businesses, natural persons do not benefit from tax incentives when making donations to individuals.

Other options

Another interesting option for using the Bulgarian tax relief is donations to organizations and citizens in another EU country or in the European Economic Area, if they are similar to the preferences of Bulgarian donors. The donor must have an official document from a competent authority on the status of the donor that has been translated into the Bulgarian language by a sworn translator.

For more information, please visit the website of the National Revenue Agency:
www.nap.bg